3
Short-term nance and
the management of
working capital
Learning objectives
After studying this chapter, you should have achieved the following learning
objectives:
an appreciation of the importance
Chapter 7
An Introduction to Portfolio
Management
Why Should Capital Markets
Be Efficient?
The premises of an efficient market
A large number of competing profit-maximizing
participants analyze and va
Lecture Presentation Software
to accompany
Investment Analysis and
Portfolio Management
Seventh Edition
by
Frank K. Reilly & Keith C. Brown
Chapter 8
Chapter 8 - An Introduction to
Asset Pricing Model
The Capital Asset Pricing Model
(Chapter 8)
Premise of the CAPM
Assumptions of the CAPM
Utility Functions
The CAPM With Unlimited Borrowing and Lending at
a Risk-Free Rate of Return
Capital Market Lin
Capital Budgeting Overview
1
Capital Budgeting is the set of valuation
techniques for real asset investment decisions.
Capital Budgeting Steps
estimating expected future cash flows for the
proposed re
Lecture Presentation Software
to accompany
Investment Analysis and
Portfolio Management
Seventh Edition
by
Frank K. Reilly & Keith C. Brown
Chapter 8
Chapter 8 - An Introduction to
Asset Pricing Model